First Line Risk Analyst Senior - Payments and Fraud

Associated Bank

9d • $70,280 - $120,480

About The Position

The Senior First Line Risk Analyst serves as a key risk program leader and subject matter expert supporting fraud risk management across payment channels and banking operations. This role drives complex risk reviews, fraud investigations, and control assessments that help protect customers and strengthen business performance. You’ll partner across teams, influence risk strategy, and gain exposure to enterprise-wide initiatives in a highly collaborative environment.

Requirements

• Bachelor’s Degree in Risk Management, Business, Finance, Data Analytics, or a related field, or equivalent combination of education and experience.
• 4+ years of experience in financial services with responsibilities related to risk management programs and practices.
• Knowledge of enterprise or operational risk frameworks, banking products, and regulatory expectations.
• Experience supporting fraud risk management, control testing, investigations, or operational risk activities.

Nice To Haves

• Supporting payments, fraud prevention, or banking operations risk programs.
• Familiarity with OCC heightened standards and regulatory review processes.
• Strong analytical, reporting, and cross-functional collaboration skills.
• Experience working with payment systems, fraud detection tools, or vendor risk assessments.

Responsibilities

• Develop and enhance fraud detection strategies across ACH, debit, Zelle, wire, and bill pay channels.
• Lead investigations into complex fraud events and document findings for internal, regulatory, and law enforcement purposes.
• Analyze fraud trends, operational risk events, and customer impacts to identify control improvement opportunities.
• Partner with business leaders, operations teams, and second line risk partners to strengthen risk management practices.
• Conduct risk assessments and support control design for new payment products, systems, and vendor integrations.
• Drive quality assurance reviews, control testing activities, and reporting initiatives aligned with OCC expectations.
• Coordinate responses and supporting documentation for internal audits and regulatory reviews.
• Deliver clear, actionable risk insights that support informed business decisions and operational improvements.

Benefits

• Retirement savings including both 401(k) and Pension plans.
• Paid time off to volunteer in your community.
• Opportunities to connect with others through our diversity-focused Colleague Resource Groups.
• Competitive salaries with professional development and advancement opportunities.
• Bonus benefits including well-being programs and incentives, parental leave, an employee stock purchase plan, military benefits and much more.
• Personal banking, loan, investment and insurance benefits.

What This Job Offers

• Job Type: Full-time
• Career Level: Senior